# Aman Verjee on AI, Market Bubbles, and Why Today’s Tech Boom Could Create Lasting Value

Page: https://stenobird.com/podcast/entrepreneurs-executives-eccentrics-7071894/aman-verjee-on-ai-market-bubbles-and-why-today-s-tech-boom-could-create-lasting-value
Text version: https://stenobird.com/podcast/entrepreneurs-executives-eccentrics-7071894/aman-verjee-on-ai-market-bubbles-and-why-today-s-tech-boom-could-create-lasting-value.md
Podcast: [Entrepreneurs, Executives, & Eccentrics](https://stenobird.com/podcast/entrepreneurs-executives-eccentrics-7071894)
Published: 2026-08-13T06:30:01+00:00
Episode link: https://www.spreaker.com/episode/aman-verjee-on-ai-market-bubbles-and-why-today-s-tech-boom-could-create-lasting-value--73895035
Audio file: https://api.spreaker.com/download/episode/73895035/429754138_44100_2_3fc6c8d097528.mp3
Processing state: not_requested
JSON: https://stenobird.com/v1/public/podcasts/entrepreneurs-executives-eccentrics-7071894/episodes/aman-verjee-on-ai-market-bubbles-and-why-today-s-tech-boom-could-create-lasting-value
Duration seconds: 2921

## Resource

In this conversation, Aman Verjee, founder and general manager of Practical Venture Capital, discusses how history can help investors and business leaders understand financial bubbles, technological disruption, and the rapid rise of artificial intelligence. Drawing on his experience at PayPal, Sonos, 500 Startups, and in venture capital, Verjee explains how secondary investing can provide access to more mature venture portfolios after early-stage risks have begun to resolve. He also explores lessons from historic bubbles including Tulip Mania, the South Sea and Mississippi bubbles, the UK railway boom, and the dot-com era, distinguishing between speculative bubbles that destroy value and technology-driven bubbles that leave behind useful infrastructure and innovation. The conversation connects these historical patterns to today's AI investment cycle, the future of work, and the skills younger generations will need to remain valuable as technology reshapes industries. Takeaways Practical Venture Capital focuses on secondary investing, providing liquidity to limited partners, executives, and shareholders while gaining access to companies and funds later in their development. Secondary venture investing can help investors avoid some of the early losses and uncertainty associated with the traditional venture capital J-curve. Venture portfolios often become easier to evaluate after five to seven years, when weaker companies have declined and successful companies begin driving a larger share of returns. Financial bubbles throughout history often share recurring conditions, including prosperity, concentrated wealth, abundant capital, speculation, and expectations that prices will continue rising. The popular narrative surrounding Tulip Mania exaggerates its broader economic i…

## Actions

- request_transcript: `POST https://stenobird.com/v1/public/podcasts/entrepreneurs-executives-eccentrics-7071894/episodes/aman-verjee-on-ai-market-bubbles-and-why-today-s-tech-boom-could-create-lasting-value/transcription-requests` — Idempotently request low-priority transcript generation for this episode.
- read_markdown: `GET https://stenobird.com/podcast/entrepreneurs-executives-eccentrics-7071894/aman-verjee-on-ai-market-bubbles-and-why-today-s-tech-boom-could-create-lasting-value.md` — Read the agent-friendly Markdown representation of this episode resource.

A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed.

## Transcript

Full transcripts are not published on public pages unless there is a clear rights basis.